Technical analysis by askocaturk about Symbol EIGEN: Buy recommendation (10/3/2025)

Hey everyone, Today I’d like to share one of my larger altcoin positions. EIGEN currently makes up about 13% of my portfolio. I’m particularly bullish here, as I believe the approval of an Ethereum ETF with staking will benefit Eigen the most, along with ETHFI. After a solid consolidation phase, EIGEN looks like it could be ready for a strong move if we get the altcoin rally I expect this quarter. For Target 1, I may sell around 1/3 or 1/4 of my position to rotate into other altcoins and perhaps a bit into USDT. However, my main plan is to hold for double digits, with the aim of taking more profits once it reaches the $20+ range. The only concern is that many people are already expecting a rally this quarter—so we’ll see how it plays out. As always, these are just my personal thoughts and not financial advice. Please do your own research. Cheers!